CA Foundation · Business Economics · Indian Economy
The sectoral GVA of an economy is: primary ₹180 crore, secondary ₹270 crore and tertiary ₹450 crore. What is the share of the secondary sector in total GVA?
The secondary sector's share is 30%. Total GVA is 180 + 270 + 450 = ₹900 crore, and the secondary sector's ₹270 crore divided by ₹900 crore gives 0.30, or 30 percent of the economy's gross value added.
- A20%
- B30%Correct
- C50%
- D60%
Explanation
Total GVA = 180 + 270 + 450 = ₹900 crore. Secondary share = 270/900 = 30%. The 20% option is the primary sector's share (180/900), and 50% is the tertiary share (450/900).
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